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1621 S Cedar Street, Lansing, MI 48910

$99,900
  • 1621 S Cedar Street, Lansing, MI 48910 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#295276
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONTorrance Farm

Property Description

Certified until 10/1/2026, this duplex has proven rental history and is located near Lansings downtown. The lower unit features massive living spaces, including a large living room, dining room, and kitchen. Hardwoods span most of this lower unit, giving the unit a timeless feel that spans the wide open living spaces. This timeless feel is mixed with modern touches, including newer cabinets and a stainless steel range in the spacious kitchen. The bathroom is complete with a newer vanity and tub/surround. Finally, the unit provides opportunities for more cashflow, as this 2 bedroom unit is rented for $860, with a month-to-month tenant, and offers market rent of $995+. This upper unit features a massive master bedroom, nicely sized second bedroom, and is currently vacant, providing another opportunity for more cashflow - with a market rent of $925+. Value add opportunities include splitting the water, electric, and gas. Current utilities run roughly $225/month and are paid by the landlord. Furnace was replaced in 2014. Water heater was replaced in 2014. Please contact agent for utility bills. This property is priced to sell and wont last long. Schedule your showing today.

1621 S Cedar Street | MLS# 295276

This multi-family property located at 1621 S Cedar Street, Lansing, MI 48910 is currently listed for sale with an asking price of $99,900. Search Lansing real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Heating: Forced Air
Lot Size: 0.06 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1918

Feature Descriptions

Exterior: Aluminum Siding
Laundry: In Basement
Lot Dimensions: 30x88.35
Parcel #: 33-01-01-21-477-025
Parking: Driveway
Patio/Porch: Front Porch
Sewer: Public Sewer
Units: 2
Water: Public

Listed By / Shown By

Listed By

Agency Name: Trubrook, LLC

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 587.95 per month $558.81 Principal & Interest $0.00 Property Tax (data not provided by mls) $29.14 Homeowner's Insurance

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